Biz plan competition to award $200,000

PROVIDENCE – The Rhode Island Business Plan Competition will award more than $200,000 in prizes to competition winners - including a $40,000 cash prize to the grand prize winner – at the May 3 Rhode Island Business Expo.

The competition encourages new businesses, early-stage and seed-stage companies that have an idea or concept but haven’t generated income yet to submit their business plans for review.

The Business Plan Competition has three different tracks:

Entrepreneur track: Open to any entrepreneur or would-be entrepreneur.

Student track: Open to any student enrolled in and attending an accredited college or university at the undergraduate or graduate level. All key members of the team must be students.

Special award: Open to anyone who is developing a technology business.

The most promising companies will share the $200,000 in cash and “in-kind prizes.”

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